USD/JPY’s steep decline today suggests that a medium term top is probably formed at 163.97 already. Immediate focus is now on rising channel floor (now at 158.74). Sustained break there will argue that fall from Read more…
Why USD/JPY’s plunge from 163.70 to below 160 has traders asking whether Japan intervened, not just whether the BoJ will hike in October What’s happening: USD/JPY plunged from a session high of 163.70 to below Read more…
In rocketry, Max Q is the moment of maximum aerodynamic stress on an ascending rocket, the point where the physical forces trying to tear it apart are strongest. Morgan Stanley borrowed that concept in a Read more…
For many people in their late 20s and early 30s, retirement planning remains a low priority as more immediate financial obligations and life milestones take precedence. Kevin O’Leary wants to rearrange those priorities entirely, and Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Enjoying a tasty plate of delicious barbecue is a highlight of Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal High-end jewelry is something that you Read more…
Wall Street does not usually turn on a stock this fast. Earlier this year, Snowflake (SNOW) was one of the names investors turned away from when they decided artificial intelligence might break the software business. Read more…
The U.S. economy expanded by 1.5% quarter-on-quarter (q/q, annualized) in the second quarter, decelerating from 2.1% in the first quarter, and weaker than the consensus forecast of 2.0%. Underneath the softer headline, consumer spending rose Read more…
Personal income advanced by 0.2% month-over-month (m/m) in June, slowing from the 0.7% pace seen in the previous month. After adjusting for inflation, taxes, and transfers, real disposable personal income rose 0.3 m/m, matching last Read more…
The Federal Reserve’s July policymaking meeting ended with no interest-rate hikes nor forward guidance but with a boatload of Fed speak and word salad. Kevin Warsh insisted the Fed will still be able to lower Read more…